Google Introduces New Prepaid Debit Card
Google has announced the release of a new prepaid debit card that works with its mobile wallet, Google Wallet.
The card is connected to a person’s Google Wallet account, which links to bank accounts and a transfer system so that other people can send money to them.
This idea may seem a little unusual because Google Wallet is designed to help people avoid cards entirely. That is why all the information is stored on a smartphone app.
Why does Google feel the need to add a card to a cardless system? Because, up to this point, Google Wallet has not been widely accepted.
There aren’t enough stores accepting Google Wallet to make it usable everywhere. Thus, Google came up with an idea to get people their money whenever and wherever they need it. The card can be used anywhere MasterCard is accepted, including ATMs.
There might be a hidden agenda behind the new card. Google has said that the purchasing history on the prepaid cards will play a role in their ad placements online. Simply put, Google will track real-world shopping trends through their prepaid cards and then adjust their advertisements to reflect those trends online.
If you are interested in getting a new prepaid debit card, you can order it through your Google Wallet account. There are no fees to order and activate the card. The card takes approximately 10 to 12 business days to arrive.